For Sale
$1,716,000
6380 Wilmington Pike SUGARCRK Township, OH 45305
Profitable Steak 'n Shake, High Traffic Area
Overview
- Added:
- Dec 11, 2024
- Days on market:
- 136
Highlights
- Absolute net lease to Steak 'n Shake; five-year base term with two, five-year options.
- Six percent cap rate offering a strong current return, built-in rent increases, and no landlord responsibilities.
- Excellent retail outparcel location adjacent to Kohl's and Lowe's, near other national retailers including Walmart and Starbucks.
- High-traffic location on a major thoroughfare with over 18,000 vehicles per day (VPD), less than one mile from I-675 (55,000+ VPD).
- Strong demographics: over 121,000 people within a five-mile radius.
Property Details for 6380 Wilmington Pike
- Property type
- Retail properties, Restaurants
- Square Feet
- 4,047 SF
- Year Built
- 1996
- Buildings
- 1
- Stories
- 1
- Lot Size (sq. ft)
- 47,045 SF
Location Insight
- City
- SUGARCRK Township
- County
- Greene
- State
- Ohio
- Latitude
- 39.6437932
- Longitude
- -84.1101135
Nearby Comparable
FAQs
- What type of property is this?
- Retail property - Profitable Steak 'n Shake, High Traffic Area
- Where is the retail property located?
- The property is located at 6380 Wilmington Pike SUGARCRK Township, OH.
- What is the asking price?
- The asking price for this property is $1,716,000.
- What are key features of this property?
- This property features: Absolute net lease to Steak 'n Shake; five-year base term with two, five-year options.; Six percent cap rate offering a strong current return, built-in rent increases, and no landlord responsibilities.; Excellent retail outparcel location adjacent to Kohl's and Lowe's, near other national retailers including Walmart and Starbucks.
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